Enterprise Products Partners (EPD) Misses Q4 EPS by 7c

Go back to Enterprise Products Partners (EPD) Misses Q4 EPS by 7c

Enterprise Reports 2021 Results

February 1, 2022 6:00 AM EST

HOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (Enterprise) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2021.

Year Ended 2021 Results

Enterprise reported net income attributable to common unitholders for 2021 of $4.6 billion, or $2.10 per unit on a fully diluted basis, compared to $3.8 billion, or $1.71 per unit on a fully diluted basis for 2020. Net income for 2021 and 2020 was reduced by non-cash, asset impairment and related charges of approximately $233 million, or $0.11 per fully diluted unit, and $891 million, or $0.40 per fully diluted unit, respectively. The... More